An empirical analysis of the matching process in Andalusian Public Employment Agencies

  1. Álvarez Toledo, Pablo
  2. Núñez Hernández, Fernando
  3. Usabiaga Ibáñez, Carlos
Revista:
Hacienda Pública Española / Review of Public Economics

ISSN: 0210-1173

Año de publicación: 2011

Número: 198

Páginas: 67-102

Tipo: Artículo

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Otras publicaciones en: Hacienda Pública Española / Review of Public Economics

Resumen

This work boasts a double objective: not only does it attempt to offer a complete panorama of the matching process in Andalusian public employment agencies (Servicio Andaluz de Empleo, SAE) for both sides of the job market (vacancies and job demands) based on duration analysis, but also to assess the degree to which the matching process of the vacancies approaches a stock-flow theoretical model. The proposed test for the vacancies, based on a ratio of hazard rates, requires the estimation of a competing risks duration model. The main result obtained is the existence of certain evidence in favour of the stock-flow friction.

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